Our updates keep you on top of your stocks

Article Excerpt

TELUS, $25.55, is a buy. The company (Toronto symbol T; Shares outstanding: 1.3 billion; Market cap: $32.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.telus.com) continues to roll out its new 5G (fifth-generation) wireless networks. They are up to 100 times faster than current 4G (or LTE) networks. The speed allows for much faster video and data transfers. The company now offers 5G service in five cities: Vancouver, Montreal, Calgary, Edmonton and Toronto. It plans to expand coverage to 50 communities by the end of 2020. Telus currently uses equipment from China’s Huawei in its legacy wireless networks, but it has decided to buy its 5G equipment from European firms Ericsson and Nokia as well as South Korea’s Samsung. The company is avoiding Huawei 5G equipment over security concerns. In fact, four members of the “Five Eyes” intelligence-sharing group (the U.S., the U.K., Australia and New Zealand) have already banned Huawei equipment from their 5G networks. It’s possible Canada will soon join that ban. However, it’s…